French fintech Virgil raises €2.1m to co-own homes with first-time buyers
The start-up offers future buyers a capital contribution – not a loan.
Digital
Co-operative Bank launches personalised loan marketplace with Freedom Finance
Successful applicants “could receive funds the same day”.
Customer involvement in fraud mitigation
Pressure for speed has impacted the time available to ensure accuracy.
Artificial intelligence and natural reluctance
AI prize: building a future-proof organisation with a right to not just survival but also success.
NatWest ‘planned maintenance’ stops customers applying for Help to Buy ISA days before deadline
Customers took to social media to vent their frustrations.
Spanish cybersecurity start-up Buguroo raises $11m
The start-up builds unique “cyber profiles” for each finserv customer.
Argentine money manager Ualá raises $150m in round led by SoftBank and Tencent
Bloomberg says Ualá is close to a $1 billion valuation.
Heritage Bank signs Diebold Nixdorf on five-year ATM services contract
Diebold Nixdorf will take charge of a fleet-wide upgrade to Windows 10.
Tandem Bank signs up TrueLayer for account aggregation
The UK challenger’s 800,000 customers will gain access to their other accounts in-app.
Clearhaus and Newgen Payments sign payments partnership
Two firms will create white label solutions for PSPs.
As platformania reaches its peak, what is the secret to marketplace liquidity?
Over the last ten years, the platform business model has risen exponentially in popularity..
MoneyLive 2019: Here Mobility to help banks react to Uber and Grab’s financial play
The firm is offering a white label mobility solution to banks.
MoneyLive 2019: Banks have to be humble even if they’re everywhere, says ING exec
Banks tend to over-promise to customers through their adverts, says ING CIO
Epiphany CEO: We’re the only “truly open” banking platform in the industry
The CEO says other banking technology providers are “not really open”.
Nationwide opens API sandbox for mortgage processing
The UK institution has been in contact with a number of third parties.
Paytm raises $1bn in fresh round of funding
Indian payments giant aims to battle the bigtechs
How to land a job in fintech
Expectations for fintech candidates have changed significantly.
Thailand’s SCB set to turn tech divisions into new fintechs
One unit has the potential to be a “unicorn”.
EQ Bank completes cloud-based Temenos core banking project
Bank finalises migration to the Microsoft Azure cloud.
TSB suffers fresh payments glitch
Customers reporting lack of wages as internet banking slows.
Thought Machine becomes Google Cloud partner
Google Cloud is already popular among Thought Machine’s clients.
Cornèr Bank launches first biometric credit card in Switzerland
The credit card will be issued to an initial 100 customers.
Carbon footprint tracker for purchases Enfuce raises €10m
Enfuce is dubbed the biggest fintech start-up in Finland.
Building a digital atelier: How fintechs are disrupting the fashion industry and combating waste
MTO technology can significantly reduce the march of overproduction.
Video: Top fintech stories this week – 22 November 2019
FinTech Future’s weekly news round-up.
CMTI 2019: Capital markets in a “war” with disruptors
Innovators are drawing battle lines that banks need to meet, says panel.
Former ASOS CTO joins Sonovate
Strudwick will oversee product, engineering, infrastructure and data teams.
Caixabank inks deal with Salesforce to bring CRM to digital banking
The companies signed the agreement at Salesforce’s Dreamforce event.
Deutsche Bank already using robots as it gears up to cut 18,000 jobs
AI has “massively increased productivity” for the bank.
Brazil’s Pride Bank says it’s the first LGBTI+ bank in the world
Last year Brazil’s far-right president, Jair Bolsonaro, tried to stop LGBTI+ films.
How blockchain transforms banking and financial services
Who’s adopting this tech and what’s in store for it down the line?
PayPal sweetens e-shopping processing with Honey deal
The acquisition is PayPal’s largest to date.
Money20/20 USA: How Tangerine champions personalised digital banking with Meniga’s tech
From proof-of-concept to market launch, results, and lessons learnt.
Brazil’s digital bank Neon raises $94m led by General Atlantic
Neon currently has 2 million active users.
China’s Ant Financial is actively looking for Singapore banking licence
The Monetary Authority of Singapore (MAS) has five licences on offer.
Tencent-backed Yeahka seeks $300m in Hong Kong IPO
The company aims to seek a listing hearing as soon as February.
Barclays launches 2.0 finger vein scanner with Hitachi for businesses
The new handset is smaller than its predecessor.
OP Financial chooses Nordic API Gateway for open banking
OP Financial is looking for partners focusing on CX, reliability and security.
Tickr plans to raise capital in 2020 to aid its European expansion
The social impact investment platform’s co-founder tells FinTech Futures of its 2020 vision.
Small business lender BlueVine banks $102.5m in Series F funding
The fintech now has $692 million in total funding.
